Werner Enterprises Inc (WERN) reported earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $11.9 million, or $0.19 per share. This compares with $23.6 million, or $0.37 per share, last year.
Excluding items, Werner Enterprises Inc reported adjusted earnings of $4.7 million or $0.08 per share for the period.
Analysts on average had expected the company to earn $0.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 8.2% to $754.7 million from $821.9 million last year.
Werner Enterprises Inc earnings at a glance (GAAP) :
-Earnings: $11.9 Mln. vs. $23.6 Mln. last year.
-EPS: $0.19 vs. $0.37 last year.
-Revenue: $754.7 Mln vs. $821.9 Mln last year.
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